103
103
Feb 19, 2013
02/13
by
FBC
tv
eye 103
favorite 0
quote 0
that has impact on economy in general. if you're spending that kind of money on putting gas in your tank, you're not spending it on anything else you like to spend it on. that doesn't say anything more than the picture of the chicago carriage cab lot. you can't afford to make money and drive a cab, you leave it parked. >> it makes you cranky, jeff flock. i was not happy this morning. i paid 3.70. i guess i should be thankful still. >> you got a break.% tracy: you should get warm, jeff. thank you. ashley: tracy cranky, that's terrible. my next guest says there is no relief in sight for the pain at the pump. sorry, trace. tracy: i know. ashley: he says price are headed back to record levels in july 2008. when prices were $4.11. we have professor at duquesne university, consent moores. professor moores, i wish you had better news. why do you think we'll see these prices move even higher? >> there are a number of elements going on here and the first of course is the rising cost of crude oil. despite the fact we're actually sec
that has impact on economy in general. if you're spending that kind of money on putting gas in your tank, you're not spending it on anything else you like to spend it on. that doesn't say anything more than the picture of the chicago carriage cab lot. you can't afford to make money and drive a cab, you leave it parked. >> it makes you cranky, jeff flock. i was not happy this morning. i paid 3.70. i guess i should be thankful still. >> you got a break.% tracy: you should get warm,...
102
102
Feb 19, 2013
02/13
by
CNBC
tv
eye 102
favorite 0
quote 0
economy in particular, it's the service sector. manufacturing is a sentinel part of our economy that gives us guidance down the road. what do i see when i look at those type of numbers globally? i see auto sales in europe down to 23-year lows. i see the good things in the economy are what businesses are doing to some extent. maybe private equity, maybe lbos, but at the epicenter of this are clean corporate balance sheets. certainly they've gotten clean. they've had the liquidity to scrub a dub dub all they want. what are we going to look for down the road in the future? i see things like t tea party express moving across the country and you don't read about them much in the media because they know the media is not going to give them gat coverage. they've go the gone statewide, states, gornors, that's the road they've taken. they might not be in themedia, but look at some of tse mor sconrviv statend inabt il lebu, dvi across country in a vehicle with a 7,500 tax credit making phone calls to see if it's too cold, make sure he can hit
economy in particular, it's the service sector. manufacturing is a sentinel part of our economy that gives us guidance down the road. what do i see when i look at those type of numbers globally? i see auto sales in europe down to 23-year lows. i see the good things in the economy are what businesses are doing to some extent. maybe private equity, maybe lbos, but at the epicenter of this are clean corporate balance sheets. certainly they've gotten clean. they've had the liquidity to scrub a dub...
203
203
Feb 19, 2013
02/13
by
KGO
tv
eye 203
favorite 0
quote 0
economy. in short, u.s. investigators have accused china of economic espionage, of stealing research and design. this allows them to compete without spending billions on innovation and product development. if this is true, americans should care because it's costing them countless jobs. u.s. officials are calling this the greatest illegal transfer of wealth in history. >> and pierre, we've seen the defense secretary leon panetta talking about cyber pearl harbors. and the white house is preparing to take action. >> reporter: this week, they are announcing plans to help private companies in identifying and mitigating such attacks, george. >>> we're going to go to the white house, where president obama will appear later this morning, to warn against the next budget crisis that's coming fast. automatic spending cuts to hit every government program in just ten days. abc's jon karl has more on what we expect to hear from the president. good morning, jon. he's going to ratchet up the pressure on congress. >> reporte
economy. in short, u.s. investigators have accused china of economic espionage, of stealing research and design. this allows them to compete without spending billions on innovation and product development. if this is true, americans should care because it's costing them countless jobs. u.s. officials are calling this the greatest illegal transfer of wealth in history. >> and pierre, we've seen the defense secretary leon panetta talking about cyber pearl harbors. and the white house is...
110
110
Feb 19, 2013
02/13
by
CNN
tv
eye 110
favorite 0
quote 0
to reduce our deficits without harming our economy. but congress has to act in order for that to happen. now, for two yoers, i've offered a balanced approach outlined itt the state of the union. i am willing to cut more spending that we don't need, get rid of programs that aren't working, i've laid out specific reforms to our entitlement programs that could achieve the same amount of health care savings by the beginning of the next decade as the reforms that were proposed by the bipartisan simpson-bowles commission. i'm willing to save hundreds of billions of dollars by getting rid of tax loop heels and deductions for the well off and well connected without raising tax rates. i believe such a balanced approach that combines tax reform with some additional spending reforms done in a smart, thoughtful way, is the best way to finish the job of deficit reduction and avoid these cuts once and for all that could hurt our economy, slow our recovery, put people out of work. and most americans agree with me. now, the house and the senate are wo
to reduce our deficits without harming our economy. but congress has to act in order for that to happen. now, for two yoers, i've offered a balanced approach outlined itt the state of the union. i am willing to cut more spending that we don't need, get rid of programs that aren't working, i've laid out specific reforms to our entitlement programs that could achieve the same amount of health care savings by the beginning of the next decade as the reforms that were proposed by the bipartisan...
157
157
Feb 22, 2013
02/13
by
CNBC
tv
eye 157
favorite 0
quote 0
europe is a very tough economy. and we have the highest market share in servers of any competitor in europe, so when europe is soft, we're disproportionately hurt in that business. so we thought it was better to not get out over our skis, you know, one quarter we got three more to go, and we want to make sure we're cautious, and this business changes very rapidly. >> indeed it does. let's get to pcs, because there the changes perhaps happening more rapidly than some had anticipated. sales to consumers down 13%, sales of pcs and notebooks deteriorating quite rapidly, more rapidly than you anticipated. this is a painful transition. how do you manage it and what do you tell people to expect when you're just talking about a unit that does 10% of your operating profit, at 2.7% margins? >> yeah. so there's a couple of reasons we really like this business. and first of all, there is a huge transition taking place. the reason we've never called this business the pc business, we call it the personal systems business. it's an
europe is a very tough economy. and we have the highest market share in servers of any competitor in europe, so when europe is soft, we're disproportionately hurt in that business. so we thought it was better to not get out over our skis, you know, one quarter we got three more to go, and we want to make sure we're cautious, and this business changes very rapidly. >> indeed it does. let's get to pcs, because there the changes perhaps happening more rapidly than some had anticipated. sales...
53
53
Feb 20, 2013
02/13
by
WJLA
tv
eye 53
favorite 0
quote 0
and also this morning, the costly computer crimes costing the american economy hundreds of billions of dollars a year. the fingers are pointing at china, as the white house today announces plans to fight the hackers. >>> and then -- this is crazy. why hand sanitizer is being singled out in a fire that severely burned an 11-year-old girl. wait until you hear how something so common turned into something so hazardous. you think you're doing the right thing, killing the germs, staying fresh, it's after the flu. and then something like that happens. that story is crazy. >> and where it happened is also crazy. you would think it's the safest place for an accident to not happen. >>> and later on, clyde davis, his tell-all book and a singing star who has a few choice words for him. that's coming up in "the skinny." >> he's having a little battle well a well-known singer. "nightline" revealed an interesting tidbit from his personal life. >> we'll get to all of that. >> all that dirt. >> oh, yeah. >>> but first, crews are working through the overnight hours at the scene of that explosion and th
and also this morning, the costly computer crimes costing the american economy hundreds of billions of dollars a year. the fingers are pointing at china, as the white house today announces plans to fight the hackers. >>> and then -- this is crazy. why hand sanitizer is being singled out in a fire that severely burned an 11-year-old girl. wait until you hear how something so common turned into something so hazardous. you think you're doing the right thing, killing the germs, staying...
145
145
Feb 21, 2013
02/13
by
CNBC
tv
eye 145
favorite 0
quote 0
economy, which is okay, and the european economy which is contracting further. difference between a federal reserve that may step back from easing and other banks in europe that may have to go further in easing and difference between the eurozone as well itself. so the pmi data that carl refers to indicate that we're still getting the eurozone contracting in the second quarter, but look at the difference now between france and germany. germany is beginning to pull back but these two major economies right at the heart of the eurozone, the two biggest economies going in different directions, the rest of the eurozone falling and france arguably questionably going into a tail spin along with that. so let's work our way through the price action in response to that. yes, if you look at the minors because of what's happening with the feds and metals, you see the mining stocks are in negative territory. it's also time for a lot of europeans to book profits they've had. the french banks, for example, you can see they, too, are coming into negative territory. the question
economy, which is okay, and the european economy which is contracting further. difference between a federal reserve that may step back from easing and other banks in europe that may have to go further in easing and difference between the eurozone as well itself. so the pmi data that carl refers to indicate that we're still getting the eurozone contracting in the second quarter, but look at the difference now between france and germany. germany is beginning to pull back but these two major...
101
101
Feb 20, 2013
02/13
by
CNNW
tv
eye 101
favorite 0
quote 0
they will hurt the economy. they will add 100,000 americans to the unemployment rolls this is not abstract. the unemployment rate might tick up again. >> the president criticized republican ideas because they "ask nothing of the wealthiest americans or big corporations." soledad talked with he sign bowles about preventing deep cuts. he will talk about the bill he drew up. >>> massive protests in athens, groes. two unions are holding a general 24-hour strike. protesting something that people in greece have been furious about. a austerity. >>> all right this is a bumper sticker. a tennessee police officer not an ohio state football fan. he accused the buckeye sticker on their bumper with a pot leaf. bonnie and her husband were driving home from a funeral in ohio when they were pulled over. the officer told the woman she needed to scrape the marijuana sticker off her car. after the couple set the officer straight, he let them go without a ticket. >> the stickers that go on all the ohio state buckeye helmets. >> i w
they will hurt the economy. they will add 100,000 americans to the unemployment rolls this is not abstract. the unemployment rate might tick up again. >> the president criticized republican ideas because they "ask nothing of the wealthiest americans or big corporations." soledad talked with he sign bowles about preventing deep cuts. he will talk about the bill he drew up. >>> massive protests in athens, groes. two unions are holding a general 24-hour strike. protesting...
1,047
1.0K
Feb 20, 2013
02/13
by
CNNW
tv
eye 1,047
favorite 0
quote 0
. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. wr wr skwi wr. >>> joe carter has this morning's bleacher report. good morning. >> for the past five weeks, when a school earns the right to be number one in college basketball, they lose the ranking in the same week because they lose to a lesser opponent. number one indiana and victor olo oladipo to victory. magic johnson, part of the broadcast team, compared oladipo to michael jordan and dwyane wade. for the first time in 22 years, indiana beats michigan state on the road. >>> boy, oh, boy. joe johnson the hero for the brooklyn nets last night. he hit not one, but two shots to help his team win in overtime again. that three-pointer forced overtime and then back to john in overtime. he nails this shot for the ball game. the nets, 5-0 in overtime. nba best 10-0 in overtime last season. >>> a bet a bar bet started this this drummond, wisconsin. makeshift barstools race in the snow. use anything around the house you can find, attach it to a bar school a
. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. wr wr skwi wr. >>> joe carter has this morning's bleacher report. good morning. >> for the past five weeks, when a school earns the right to be number one in college basketball, they lose the ranking in the same week because they lose to a lesser opponent. number one indiana and victor olo oladipo to victory. magic johnson, part of the broadcast team,...
60
60
Feb 20, 2013
02/13
by
MSNBC
tv
eye 60
favorite 0
quote 0
sure, let's run up the markets. >> they're looking at the economy and seeing a strong economy. >> and they used to be scared by washington. up next. >> republican's going to be the same think. >> up next, the student loan controversy. business before the bell with brian sullivan. we're going to be right back. none of us would want to be told we can't marry the person we love. that's why a growing majority of americans believe it's time to allow marriage for gay and lesbian couples. laura bush: when couples are committed they ought to have i think the same sort of rights that everyone has. colin powell: allowing them to live together with the protection of law, it seems to me is the way we should be moving in this country. dick cheney: freedom means freedom for everyone. barack obama: our journey is not complete until our gay brothers and sisters are treated like anyone else under the law. it's time for marriage. meet the 5-passenger ford c-max hybrid. when you're carrying a lot of weight, c-max has a nice little trait, you see, c-max helps you load your freight, with its foot-activate
sure, let's run up the markets. >> they're looking at the economy and seeing a strong economy. >> and they used to be scared by washington. up next. >> republican's going to be the same think. >> up next, the student loan controversy. business before the bell with brian sullivan. we're going to be right back. none of us would want to be told we can't marry the person we love. that's why a growing majority of americans believe it's time to allow marriage for gay and...
192
192
Feb 19, 2013
02/13
by
CNNW
tv
eye 192
favorite 0
quote 0
threat of these cuts not well thought through, not smart, not fair, hurt our economy. this is not an abstraction. people will lose their jobs. >> that's a shortened version of what the president had to say. let's go in depth with our chief white house correspondent, jessica yellin, who is here. this is a big issue right now. >> it really is, wolf. and it's just ten days now until these forced budget cuts go into effect. top administration officials tell me, if that happens, the president believes the politics are on his side. with congress out of town, president obama took to the bully pulpit, warning about the effects of forced spending cuts that hit every part of government next friday. >> there is a smarter way to do this, to reduce our deficits without harming our economy. >> reporter: he's talking about more than $1 trillion in painful cuts that can still be avoided if congress reaches agreement on deficit reduction. the package of cuts came from the 2011 debt ceiling deal, and it was never meant to go into effect. during the presidential campaign, mr. obama said
threat of these cuts not well thought through, not smart, not fair, hurt our economy. this is not an abstraction. people will lose their jobs. >> that's a shortened version of what the president had to say. let's go in depth with our chief white house correspondent, jessica yellin, who is here. this is a big issue right now. >> it really is, wolf. and it's just ten days now until these forced budget cuts go into effect. top administration officials tell me, if that happens, the...
977
977
Feb 19, 2013
02/13
by
CNNW
tv
eye 977
favorite 0
quote 0
. >> fuel economy is rising, people are reacting. things are moving in the right direction on that front. >> the number of people who own a chevy volt small but growing. >> we're growing and we've mandated big improvements in fuel economy so people might over time be saving money even if gas prices go up because they're using less per gallon. >> let's talk about what's trending online, hackers having a beef with burger king, bk, say it's not so. people hacking into the fast food chain's twitter page swapping the golden arches of mcdonalds for the burger king logo, made it seem burger king had been bought out by mcdonald's. >>> michael jackson's oldest son prince may be the next king of entertainme entertainment. his first assignment on "entertainment tonight" the great and powerful, remember his father played the scarecrow in "the wiz" with diana ross. 16 years old, already a correspondent. >> the anthem is classic. >> i feel confident he'll do just fine. >>> ahead on "starting point" we're following developing stories on the oscar p
. >> fuel economy is rising, people are reacting. things are moving in the right direction on that front. >> the number of people who own a chevy volt small but growing. >> we're growing and we've mandated big improvements in fuel economy so people might over time be saving money even if gas prices go up because they're using less per gallon. >> let's talk about what's trending online, hackers having a beef with burger king, bk, say it's not so. people hacking into the...
191
191
Feb 19, 2013
02/13
by
FOXNEWSW
tv
eye 191
favorite 0
quote 0
they could bring the economy to its knees. >> exactly. it's pretty funny that the president, time and again, has said, well, we don't fear china's peaceful rise. i mean, china, of course is going to appear -- it's just looking out for china's best interest. when you're as rich as china is today, there is a lot of things you can do beyond just buying real estate in the big apple. >> gretchen: the question that is begged to be asked f china is doing this through their military, is it a good time for us to be cutting back then on our military spending to try and fight off things like this? >> well, no. it's not. and it's another reason why it would be best if all parties, all political parties and all political figures were in town actually gotting the job of putting this economy back together done. i mean, glad everyone is taking breaks and on vacation, but i mean, we got a real problem on our hands. we have several crises about to hit this country all at one time. we have things like the tuition debt bomb with all these kids with student l
they could bring the economy to its knees. >> exactly. it's pretty funny that the president, time and again, has said, well, we don't fear china's peaceful rise. i mean, china, of course is going to appear -- it's just looking out for china's best interest. when you're as rich as china is today, there is a lot of things you can do beyond just buying real estate in the big apple. >> gretchen: the question that is begged to be asked f china is doing this through their military, is it...
84
84
Feb 19, 2013
02/13
by
CSPAN2
tv
eye 84
favorite 0
quote 0
that is the major problem that goes to so many things to the economy of course is a jackson the cost of medicine and it's a detriment to many of our constituents, so i just -- would you give me something back on that to let me know how deep he went into it? one of the things i think the chairman was saying making a part of our inquiry this session the next two years is looking not only at the fda piece of this but looking at this whole thing of the grey market. so i would like to sit down with you if you haven't delved into this and see where, you know, what we might be able to do it together to try to get to the bottom of that because it is a very, very serious problem. a lot of americans do not even know about it. but it's very serious. i want to very briefly go to this whole issue of climate change. the federal guard or the government has a number of efforts under way to decrease domestic greenhouse gas emissions. the success of the gas emission reduction efforts to pay is in large part on the international efforts. however, limiting the fiscal exposure to climate change risks wil
that is the major problem that goes to so many things to the economy of course is a jackson the cost of medicine and it's a detriment to many of our constituents, so i just -- would you give me something back on that to let me know how deep he went into it? one of the things i think the chairman was saying making a part of our inquiry this session the next two years is looking not only at the fda piece of this but looking at this whole thing of the grey market. so i would like to sit down with...
75
75
Feb 20, 2013
02/13
by
CNN
tv
eye 75
favorite 0
quote 0
tossed out of classrooms, health services will be slashed, border security will be compromised and the economy will take a hit if forced budgets cuts begin to happen on march 1st and the obama administration says republicans will be to blame. >> the pleas that the republicans are making are throw these people out of work. it's just -- it makes no sense. >> reporter: but when pressed on whether the president has his own plan to stop the cuts, white house press secretary jay carney pointed to the grand bargain mr. obama failed to reach with house speaker john boehner two careers ago. >> when you ask where's the president's plan, it's been there. it's at whitehouse.gov. >> a budget plan for the long term, where is -- >> the president -- >> the president take the lead and -- >> first of all, congress has to act. >> reporter: less than two months since the fiscal cliff that resulted in tax increases on wealthy americans. boehner notes the idea for the automatic cuts originated in the white house adding mr. president, we agree that your sequester is bad policy. what spending are you willing to cut t
tossed out of classrooms, health services will be slashed, border security will be compromised and the economy will take a hit if forced budgets cuts begin to happen on march 1st and the obama administration says republicans will be to blame. >> the pleas that the republicans are making are throw these people out of work. it's just -- it makes no sense. >> reporter: but when pressed on whether the president has his own plan to stop the cuts, white house press secretary jay carney...
202
202
Feb 20, 2013
02/13
by
KGO
tv
eye 202
favorite 0
quote 0
they will hurt our economy and add hundreds of thousands of american to the unemployment roles. people will lose their jobs. >> reporter: we now face cuts of $85 billion in one fell swoop. that's less than 3% of the budget, but the white house says virtually everybody will be hurt and we'll see long lines as tsa agents are furloughed. 1,000 fbi and other law enforcement agents forced off the job. and 70,000 preschoolers dropped from the head start program. you would think that would prompt emergency meetings between congress and the white house, but you would be wrong. >> has the president had a single face-to-face meeting since january 1 about averting these spending cuts? >> i don't have any meetings to read out to you. >> reporter: in fact, the answer according to sources on both sides is there have been no meetings between the president and congressional republicans, not one. now virtually everyone agrees that those cuts are almost certain to go into effect one week from friday. jonathan karl, abc news, the white house. >> you know, we've heard about this over and over and o
they will hurt our economy and add hundreds of thousands of american to the unemployment roles. people will lose their jobs. >> reporter: we now face cuts of $85 billion in one fell swoop. that's less than 3% of the budget, but the white house says virtually everybody will be hurt and we'll see long lines as tsa agents are furloughed. 1,000 fbi and other law enforcement agents forced off the job. and 70,000 preschoolers dropped from the head start program. you would think that would...
176
176
Feb 20, 2013
02/13
by
CNN
tv
eye 176
favorite 0
quote 0
that's -- how bad is the economy that you've got to take a job like that? 16-year-old boys are the worst customers in the world. they're laughing. they're throwing quarters at them. they don't appreciate it. >> wendy, we're laughing. it sounds funny. do you see this as kind of a serious big no-no, too? >> there are two points i need to make right now. one is this mom is obviously doing as she once did because she's 33 years old and has a 16-year-old which means she was pregnant at 16. okay, first thing. enough said. and the second thing is because our culture has become so highly sexualized and we're using sexy bodies to sell these kids pretty much any product and half of them are naked on facebook, nobody polices that, she sort of lost sight about where the laws are in our culture. and i think facebook should get on and taking the six packs and eight packs of 12-year-old boys off facebook and the little girls with the cleavage when they're 13 and the duck face, they have to go. >> words of which isdom by wend there. all right. tom, chris, lani, wendy, than
that's -- how bad is the economy that you've got to take a job like that? 16-year-old boys are the worst customers in the world. they're laughing. they're throwing quarters at them. they don't appreciate it. >> wendy, we're laughing. it sounds funny. do you see this as kind of a serious big no-no, too? >> there are two points i need to make right now. one is this mom is obviously doing as she once did because she's 33 years old and has a 16-year-old which means she was pregnant at...
96
96
Feb 23, 2013
02/13
by
CNN
tv
eye 96
favorite 0
quote 0
they will hurt our economy. they will add hundreds of thousands of americans to the unemployment rolls. this is not an abstraction. people will lose their jobs. >> you've heard the big numbers. $1.2 trillion in cuts over ten years. $85 billion this year. that's 13% cuts to defense, 9% to everything else. >> we're weeks away from the president's sequester and the president laid out no plan to eliminate the sequester and the harmful cuts that will come as a result. >> the forced budget cut were created during the 2011 debt ceiling debacle passed by congress and signed by the white house. a worst case scenario that would be so bad, it would force lawmakers to make a deal. now it's become a poison pill that the nation may have to swallow beginning march 1st. and if it happens it, 70,000 children kicked off head start programs putting more than 14,000 teaching and staff jobs at risk. fewer inspections for things like horse meat in your burgers. cuts to mental health programs mean almost 400,000 seriously mentally ill
they will hurt our economy. they will add hundreds of thousands of americans to the unemployment rolls. this is not an abstraction. people will lose their jobs. >> you've heard the big numbers. $1.2 trillion in cuts over ten years. $85 billion this year. that's 13% cuts to defense, 9% to everything else. >> we're weeks away from the president's sequester and the president laid out no plan to eliminate the sequester and the harmful cuts that will come as a result. >> the forced...
809
809
Feb 20, 2013
02/13
by
KNTV
tv
eye 809
favorite 0
quote 0
fidelity is there for your personal economy, helping you readjust your retirement plan along the way. rethink how you're invested. and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices to help you fine-tune your personal economy. call today and we'll make it easy to move that old 401(k) to a fidelity no-fee ira. body washes with paper that reacts like skin. if others can strip this paper, imagine how harsh they can be to your skin. oh my gosh. [ female announcer ] dove is different. its new breakthrough formula changes everything. new dove. this is care. ♪ time to jump in to something new ♪ ♪ ♪ the best part of wakin' up ♪ is folgers in your cup ii am the hero of my story.lly. ♪ the best part of wakin' up ... . . . ... . . . . . ut i don't have thumbs! yum, yum, yum, yum, yum... it's bacon!!! mmmmm...i love you. i love bacon. i love you. [ male announcer ] there's no time like beggin' time. because every flake is double-toasted... splashed with sweet honey... and covered in rich double-roasted peanuts. mmm.
fidelity is there for your personal economy, helping you readjust your retirement plan along the way. rethink how you're invested. and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices to help you fine-tune your personal economy. call today and we'll make it easy to move that old 401(k) to a fidelity no-fee ira. body washes with paper that reacts like skin. if others can strip this paper, imagine how harsh they can be to your...
WHUT (Howard University Television)
70
70
Feb 22, 2013
02/13
by
WHUT
tv
eye 70
favorite 0
quote 0
economies have recently been showing signs of growth. now people are anxiously waiting for a turn around in europe to help lift the global economy. ron madison is here with more on the situation in the eurozone. ron? >> they may have to wait a bit at least in the near term. longer term some are looking saying there may be a bit of a bottoming out. for now the european commission says the eurozone economy will continue track for the second straight year in 2013. the commission says it expects gross domestic product to shrink 0.3% from last we're. it does compare with the previous forecast of 0.1% growth. the commission said tight lending conditions, job cuts, sluggish investments are all dragging the recovery. it's projecting 1.4% growth in 2014. the commission says leading indicators suggest the region's economy is starting to bottom out and economic activity is expected to gradually pick up. >>> let's get a check of the market now. first what's going on with currencies today. the euro has lost a bit of ground against the yen on the euro
economies have recently been showing signs of growth. now people are anxiously waiting for a turn around in europe to help lift the global economy. ron madison is here with more on the situation in the eurozone. ron? >> they may have to wait a bit at least in the near term. longer term some are looking saying there may be a bit of a bottoming out. for now the european commission says the eurozone economy will continue track for the second straight year in 2013. the commission says it...